Flutter Entertainment Eyes Acquisition of Playtech’s Italian Unit

  • 📰 Covers
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Playtech has granted Flutter a period of exclusivity to complete its due diligence checks before finalizing the required documentation for the sale.

UK-based gambling software company Playtech and Flutter Entertainment have confirmed they are currently in negotiations over the sale of Playtech's Italian consumer arm, Snaitech. A formal agreement may be reached by next month, though both parties have acknowledged there is no guarantee the deal will go ahead.

The rumors about Playtech potentially auctioning off Snaitech first circulated in 2022, four years after Playtech acquired its 70.6% majority share for $995.5 million. The company later acquired a further 9% through various market purchases. Australian content creation company Aristocrat Entertainment attempted to offer a takeover bid, but it was rejected by Playtech’s shareholders. A year later, Playtech reportedly approached 888 about a potential combination, but this fell through.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 341. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks making the biggest moves midday: Brinker International, Victoria's Secret, Flutter Entertainment and moreThese are the stocks posting the largest moves in midday trading.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Marathon Digital Eyes Bitcoin Acquisition with $250M Convertible Notes OfferingCrypto Blog
Herkunft: Crypto_Potato - 🏆 568. / 51 Weiterlesen »